Fri May 18, 2018 6:45 pm
I say yes with a small 'y', but I'm biased as I entered the crypto-mining scene from the get-go as a Monero miner.
Basically Monero suits the small-scale cottage industry of miners who are in the spirit of the old Bitcoin miners several years ago. NOT the insanely industrialized factory miners you have in China that are popping up like ants.
You can get some top end graphics cards on a top-end motherboard and get a very good hash rate. With risers this can be boosted up more so. There can be more glichey outcomes from risers though.
The only limitation on Monero Mining Captains is their household power demand will be more than an ASIC miner (ASICs are usually less power hungry). For my property I can get about another 3 - 5 mining rigs and then my breakers will start to trip. ASIC miners could manage a few more (but they are noiser typically).
So far I've been mining for several weeks and only twice have I had to do a brief restart, one time was only for a minor reason.
Currently Monero seems to track against Bitcoin and other coins more or less. The hard fork recently means it will for the forseeable future it'll favor DIY / home-based miners using GPU rigs. ASICs have been firmly shown the door and BTFO.
However, in the next few years ASIC rigs might make a return if the difficulty rises too far. By which point though the profitability will mean the hash difficulty won't matter for the DIY miners as their rigs could still be viable even then.